Florida Senate - 2012 SB 100 By Senator Siplin 19-00014-12 2012100__ 1 A bill to be entitled 2 An act relating to unclaimed deposits held by 3 utilities; amending s. 717.108, F.S.; requiring that 4 any unclaimed deposits held by a utility be deposited 5 annually into the Grants and Donations Trust Fund in 6 the Department of Community Affairs, or its successor 7 agency, to supplement the Low-Income Home Energy 8 Assistance Program; providing an effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 717.108, Florida Statutes, is amended to 13 read: 14 717.108 Deposits held by utilities.— 15 (1) Any deposit, including any interest thereon, made by a 16 subscriber with a utility to secure payment or any sum paid in 17 advance for utility services to be furnished, less any lawful 18 charges, which
thatremains unclaimed by the owner for more than 19 1 year after termination of the services for which the deposit 20 or advance payment was made is presumed unclaimed. 21 (2) The unclaimed deposits shall be deposited annually into 22 the Grants and Donations Trust Fund within the Department of 23 Community Affairs, or the Department of Community Affairs’ 24 successor agency, to supplement funds of the Low-Income Home 25 Energy Assistance Program which are used to assist low-income 26 households in meeting the costs of home heating and cooling 27 bills. These funds shall be administered through the local 28 provider agencies that administer the Low-Income Home Energy 29 Assistance Program. 30 Section 2. This act shall take effect July 1, 2012.